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pehub.com 11hours ago

Matrix Raises $300M For Third Indian Venture-capital Fund

Matrix Partners has raised $300 million for a third Indian venture-capital fund, according to a filing with the SEC. The fund attracted 43 LPs. The filing is available here.
Read by 50% of LPs

businessinsider.com 15 hours, 17 minutes ago

Uber And Lyft Have Won A Key Battleground In The Electric Scooter Wars

In an effort to curb the onslaught of electric scooters, Santa Monica, California, is moving to limit the number of companies that can operate dockless vehicles there. An internal memo reveals that a City Council committee endorsed Lyft and Uber for permits -- handing a crushing defeat for dedicated scooter operators Bird and Lime. Santa Monica was the ground zero for electric scooters, because $2 billion startup Bird rolled out the first scooter-share program nationwide in the coastal city last fall.
Read by 79% of LPs

pehub.com 16 hours, 7 minutes ago

Foundation Capital Targets $350M For Ninth Fund

Foundation Capital is seeking to raise $350 million for its ninth fund, according to an SEC filing. The Silicon Valley-based venture firm invests in the finance and financial services sectors.
Read by 34% of LPs

techcrunch.com 17 hours, 16 minutes ago

Appdynamics Founder Jyoti Bansal And Longtime Vc John Vrionis Are Now Taking Applications For Their New Accelerator Program - Techcrunch

With so much money being stuffed into Silicon Valley companies these days, it's hard to stand out as an investor, but John Vrionis and Jyoti Bansal have what they think is a winning approach -- one that's a win for startup founders, too. A little background first. Back in May, Bansal, who sold his company [...]
Read by 80% of LPs

businesswire.com 17 hours, 47 minutes ago

Auditboard Announces $40M Series B Investment Led By Battery Ventures

LOS ANGELES--(BUSINESS WIRE)--#audit--AuditBoard, a leading cloud-software platform for automating and transforming the way enterprises handle critical risk, audit and compliance work, announced a $40 million Series B investment led by global investment firm Battery Ventures. As part of the transaction, Battery General Partner Michael Brown will join AuditBoard's board of directors. AuditBoard, which was founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, will use the financing to sup.
Read by 46% of LPs

alleywatch.com 18 hours, 16 minutes ago

Even Financial Drives Discovery For Financial Products And Just Raised Another $18.8M

AlleyWatch covered this fintech startup just back in March when it completed a successful strategic investment round, but Even Financial is at it again. This time it raised $18.8M in a successful...
Read by 43% of LPs

hedgeweek.com 20 hours, 46 minutes ago

Investing In Transformative Technology

Q&A with Manuel Anguita (pictured), co-founder of top-performing blockchain- and crypto-focused hedge fund Silver 8...: Q&A with Manuel Anguita (pictured), co-founder of top-performing blockchain- and crypto-focused hedge fund Silver 8... Much of the credit must go to my business partner and Silver 8's other co-founder, Jose Suarez, who is responsible for the vision. Jose has been a serial entrepreneur and tech investor for the best part of 25 years, experiencing first-hand the development of the internet. I have a very different background as I'm a financial markets professional, mainly in the hedge fund arena.
Read by 80% of LPs

recode.net 21 hours, 41 minutes ago

Glassdoor Ceo Robert Hohman Explains Why Reviews With Sexual Harassment Allegations Don't Get Removed

Hohman says those allegations matter a whole lot for job-seekers who could be harassed. On this episode of Recode Decode, hosted by Kara Swisher, Glassdoor CEO Robert Hohman talks with Kara about how the company has evolved since its early days, when Hohman wanted to merge employer transparency with the gaming sensibilities of World of Warcraft. He discusses why the company has so many rules and regulations for moderating reviews, including what happens when an employee alleges that a manager has sexually harassed them.
Read by 59% of LPs

fortune.com 21 hours, 46 minutes ago

Y Combinator Goes To China, Led By Former Baidu Exec Qi Lu

It'll be led there by a former Baudi exec. : Former Baidu Inc. executive Qi Lu has been named head of Y Combinator China, marking the American startup incubator's first full-fledged international effort. Y Combinator, which has seeded companies including Airbnb Inc., Stripe Inc., Reddit and Dropbox Inc., will start its program in China as soon as next summer. In the U.S., the accelerator selects two batches of companies a year for financing, advice and connections in exchange for a small percentage of equity.
Read by 60% of LPs

businesswire.com 22 hours, 7 minutes ago

Backbone Plm Raises $8M In Series A Funding

BOULDER, Colo.--(BUSINESS WIRE)--Backbone PLM, the first cloud-based platform that enables brands to streamline the product development process, announced an 8M Series A round.
Read by 43% of LPs